PRESS RELEASES

VANCOUVER, BRITISH COLUMBIA - September 9, 2014 - MGX Minerals Inc. ('MGX') is pleased to announce that it has completed a private placement by issuing 120,000 common shares. The common shares were issued at a price of $0. 25 per share for aggregate gross proceeds of $30,000 and are subject to a statutory hold period, expiring January 8, 2015. There are no finder’s fees payable in connection with the private placement. MGX also announces that two directors have exercised options to pur

MGX Announces Closing of Private Placement and Exercising of Options

Details

September 09, 2014

VANCOUVER, BRITISH COLUMBIA - September 9, 2014 - MGX Minerals Inc. ("MGX") is pleased to announce that it has completed a private placement by issuing 120,000 common shares. The common shares were issued at a price of $0.25 per share for aggregate gross proceeds of $30,000 and are subject to a statutory hold period, expiring January 8, 2015. There are no finder’s fees payable in connection with the private placement.

MGX also announces that two directors have exercised options to purchase an aggregate of 200,000 common shares at $0.10 per share, for total proceeds of $20,000.

Net proceeds of the private placement and exercising of options will be used for the completion of the 2014 drilling plan and resource estimate of the Driftwood Creek Magnesite Property. The drilling plan is included in the NI 43-101 Technical Report - Driftwood Magnesite (2014) by Dr. D. MacIntyre (P.Eng).

About MGX MineralsMGX Minerals is a diversified Canadian resource and technology company with interests in global advanced material, energy and water assets.

Forward-Looking StatementsThis press release contains forward-looking information or forward-looking statements (collectively "forward-looking information") within the meaning of applicable securities laws. Forward-looking information is typically identified by words such as: "believe", "expect", "anticipate", "intend", "estimate", "potentially" and similar expressions, or are those, which, by their nature, refer to future events. The Company cautions investors that any forward-looking information provided by the Company is not a guarantee of future results or performance, and that actual results may differ materially from those in forward-looking information as a result of various factors. The reader is referred to the Company's public filings for a more complete discussion of such risk factors and their potential effects which may be accessed through the Company's profile on SEDAR at www.sedar.com.